2100 McHenry Ave - Freestanding FOR SALE


Modesto, CA 95350- Northwest Modesto
$9,908,000 USD
205-381-8262
2100 McHenry Ave, Modesto, CA for Sale
$9,908,000 USD
Freestanding - FOR SALE
1/14
null | 5.85% Cap Rate

2100 McHenry Ave
Modesto, CA 95350
Northwest Modesto


HIGHLIGHTS

  • 15-year Lease Extension with 10% Increases Every 5 years
  • Absolute-Net Lease | Zero Landlord Responsibilities
  • Corporate Guarantee by a Leading Pet-Retail Brand
  • Heavy daytime traffic | 33,500+ vehicles per day
  • Top Preforming Store in the Area

OVERVIEW

- Single Tenant Net Lease opportunity with brand new 15-YEAR extension - 10% increases every 5 years - Absolute NNN lease - Long term tenant with stable cash flow who has been in the property for 30+ year term - Larger Store Format and is the number 1 producing store in the area

FOR SALE DETAILS

PRICE

$9,908,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PetSmart

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

108

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

C-3

APN/PARCEL ID

120-46-60

ASK ABOUT THIS PROPERTY

Caitlin ColeUrban Rock Properties, IncMore Info
205-381-8262

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Caitlin ColeUrban Rock Properties, IncMore Info
205-381-8262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.